ASM International NV (OTCMKTS:ASMIY) Receives Consensus Rating of “Moderate Buy” from Brokerages

ASM International NV (OTCMKTS:ASMIY) has been given an average rating of “Moderate Buy” by the nine analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company.

A number of research analysts recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of ASM International in a research report on Friday, January 16th. Citigroup restated a “buy” rating on shares of ASM International in a report on Tuesday, January 20th. Barclays reaffirmed an “overweight” rating on shares of ASM International in a research note on Monday, January 26th. BNP Paribas Exane raised ASM International to an “outperform” rating in a research report on Monday, February 2nd. Finally, Rothschild & Co Redburn lowered ASM International from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th.

ASM International Price Performance

ASM International stock traded up $0.24 during midday trading on Thursday, reaching $817.34. The stock had a trading volume of 527 shares, compared to its average volume of 15,779. ASM International has a twelve month low of $372.61 and a twelve month high of $875.64. The firm has a market cap of $40.12 billion, a price-to-earnings ratio of 45.23 and a beta of 1.91. The firm’s fifty day simple moving average is $714.73 and its two-hundred day simple moving average is $614.06.

ASM International Company Profile

ASM International (OTCMKTS: ASMIY) is a Netherlands-based supplier of wafer processing equipment for the global semiconductor industry. The company develops and manufactures systems used in the deposition and formation of thin films on semiconductor wafers, with a strong reputation for atomic layer deposition (ALD) technology. Its equipment is used in the production of advanced logic, memory, power devices and related semiconductor components where precise control of film thickness and composition is critical.

ASM’s product portfolio centers on deposition and epitaxy platforms that support a range of process chemistries and materials, including ALD and other chemical vapor deposition techniques.